16 bedroom house for sale
$3,875,000 - Glendale CA 91205Glendale CA 91205
16 bedroom house for sale
- Beds: 16
- Baths: 20
- Price: $3,875,000
- Reference No.: 70909965
- Area: 11,305 sqft
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Overview
5-bath townhouse-style units with direct access to a private 2-car garage, central A/C, in-unit laundry, and a private patio327 S. Madison Way is an 8-unit townhouse complex in Glendale (built in 1983) located down the street from the new East End Studios. This well-maintained property features (8) 2-bdrm. and 2.5-bath townhouse-style units with direct access to a private 2-car garage, central A/C, in-unit laundry, and a private patio. Each spacious townhome averages approx. 1, 281 SF, and tenants are responsible for paying the costs of gas, electricity, and water. Ownership upgraded several units including, wood laminate flooring, updated cabinetry, stainless steel appliances, and recessed lighting. This turnkey property is equipped with subterranean parking (no retrofitting required), copper plumbing, a new roof in 2019, and upgraded decks in 2020 (per ownership). 327 S. Madison is located 1.4 miles from The Americana at Brand, Glendale Galleria, Glendale Fashion Center, and an array of dining/entertainment amenities along Brand Blvd. Please note that the City of Glendale currently allows an 8.8% annual rental increase (5% + CPI). The property offers approx. 23% rental upside compared to renovated units in the area. The property will stabilize at 6.19% CAP and 11.32 GRM at the list price.
House Glendale
This House for sale is located at Glendale CA 91205. The home has 16 Bedroom and 20 Bathrooms. This 16 bedroom House in Glendale CA is for sale for $3,875,000 .
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2024-04-20, Viewed 0 times.
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The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-04-20, Viewed 0 times.
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